LDS Business College offers scholarships and awards based on academic excellence, superior business aptitude, leadership qualities, program selection, missionary service and need. These awards range from $300 to $3,060 per academic year. Students must first fulfill all admission requirements and be enrolled full-time (12 or more credits). Applicants for freshman awards must submit an ACT or SAT score. Please review Applications and Deadlines for specific information.

Scholarship Categories

Freshman Scholarships:
For incoming freshmen without previous college experience.  International students may be considered if their academic record includes an SAT or ACT score, graduated high school in the USA and a detailed credit evaluation report from IERF.
LeGrand Richards Service Scholarship:
For returned missionaries who apply and attend within one year of their honorable release date.
Need Based (Application for Financial Assistance):
For students in their third semester (or second if no LDS Business College scholarship has been previously received) who experience an unexpected change in their financial situation. 
Evening College Scholarships:
For students who enroll only in evening classes (classes beginning at 4 p.m. or later).
Hinckley Scholarship:
For continuing students based on scholastic record an an essay representing the applicant's experiences with the College's cultural beliefs. Endowed by the family of President Gordon B. Hinckley. Current award is $1,000.
Program-Specific and Other Scholarships:
The College provides scholarship funds for students in a variety of circumstances. Contact the Scholarship Office at This email address is being protected from spambots. You need JavaScript enabled to view it. or (801) 524-8111 or your program director for information.
Sophomore Scholarship:
For continuing students based competitively on college scholastic record.
Stella Harris Oaks Horizons of Hope Scholarship:
For students at LDS Business College who are single parents with a dependent child in the home.
Transfer Scholarships:
For graduating LDS Business College students who plan to transfer to a four-year university.

Important Tax Information

Under the Tax Reform Act of 1996 any funds received by students from scholarships, benefits, fellowships and grants from LDS Business College or any other source, which combined exceed the cost of tuition, fees, books, and required equipment and supplies, are considered taxable income. Taxable income may include grants and scholarships but not federal loans (see IRS publication 520).

Since students are required to report to the Internal Revenue Service scholarship and grant income above the cost of tuition and books, it is vital for students to keep detailed records (including cancelled checks and/or receipts) of all expenditures for tuition, fees, books, and required equipments and supplies.

Due to the new federal Hope Scholarship, which is a federal tax credit, the institution is required to report certain tuition, scholarship, grant and other information to students and to the IRS on form 1098T. Questions regarding the Hope Scholarship and the Lifetime Learning Credit can be obtained from the Accounting Office.

Log in or Sign up